CAP1 Help with SS

[billgates]

Hi all,

Got all my statements from Cap1. Am i correct in saying when using the Contractual SS(16) i need to complete the entire coloum left to right.

Thanx

[billgates]

Would somebody please help wih spreadsheet.
Having read through many posts there does seem to be a lot of confusion on which spreadsheet to use. 1.4, 1.6, 1.9. I intend to claim contractual intrest from the outset. Secondly there web site advertises a APR of 15.4% is this the figure i use.please advise.

Rgds

[jshtr3]

Hi, I used the vampiress google SS with CCI throughout at 17.9%, this was on my statement at the time. SS very easy to use, just put in date,type of charge, amount, intest rate and date of claim. It did the rest.

[billgates]

Thanks for you response, ss now complete Charges £852 + £499.14 in intrest charges at 18.2%. Does this sound about right. 3/7/02 -1/1/07

Rgds

[jshtr3]

As peoples charges are on different dates and therefore accrue more or less interest it's difficult to say, all I can tell you is if your confident you have completed it correctly and the amount of interest dcreases as the charges get more recent it should be spot on. I had an £18 charge 12th dec 01 and interest was £29.65 @ 17.9%

[billgates]

Many thanks. Looks good this end. I will now send my first request.

[ukaviator]

What is your own APR? . .It maybe a lot more than the advertised one, as that is there to draw in customers.

To work out your APR, on your monthly statement you should have below the transaction box, your current Purchase interest and cash advance interest. It will be some thing like:

Purchase Interest 1.897%
Cash Interest 1.976%

Add these 2 figures together to get an average, then type it into this calculator found here:

http://www.zen122856.zen.co.uk/CompoundSheet_v1.9.xls

Do not use the spreadsheet on here, as it's for bank charges only. The calculator is very accurate. If you don't have your APR or % figures, call them asking what it currently is.

When you have your APR, type this into your spreadsheet on each charge. It is not uncommen for people to have an APR of 34%...
The interest they have charged you in the past, so claim it back.

Uk